Capri Holdings Limited engages in the design, marketing, distribution, and retail of branded women's and men's apparel, footwear, and accessories in the United States, Canada, Latin America, Europe, the Middle East, Africa, Asia, and the Oceania. It operates through three segments: Versace, Jimmy Choo, and Michael Kors. The company offers ready-to-wear, eyewear, watches, jewelry, fragrances, home furnishings, handbags, small leather goods, scarves and belts, and shoes and related accessories through a distribution network, including boutiques, and department and specialty stores, as well as through e-commerce sites. It also undertakes licensing agreements relating to manufacture and sale of watches, jewelry, eyewear, and fragrances. The company was formerly known as Michael Kors Holdings Limited and changed its name to Capri Holdings Limited in December 2018. Capri Holdings Limited was founded in 1981 and is headquartered in London, the United Kingdom.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $4.4B | $245M | $-1.2B | $153M | -317.7% | -14.1% | - |
| 2024 | $5.2B | $555M | $-229M | $120M | -14.3% | -8.0% | -137.2% |
| 2023 | $5.6B | $1.0B | $616M | $545M | 33.3% | -0.6% | -25.1% |
| 2022 | $5.7B | $1.2B | $822M | $573M | 32.1% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 5,654 | 5,619 | 5,170 | 4,442 |
| Cost Of Revenue | 1,910 | 1,895 | 1,831 | 1,616 |
| Gross Profit | 3,744 | 3,724 | 3,339 | 2,826 |
| Operating Expense | 2,726 | 2,887 | 2,972 | 2,774 |
| Operating Income | 1,018 | 837 | 367 | 52 |
| EBITDA | 1,211 | 1,016 | 555 | 245 |
| EBIT | 1,018 | 837 | 367 | 52 |
| Pretax Income | 915 | 648 | -283 | -727 |
| Tax Provision | 92 | 29 | -54 | 452 |
| Net Income | 822 | 616 | -229 | -1,182 |
| Net Income Common Stockholders | 822 | 616 | -229 | -1,182 |
| Total Expenses | 4,636 | 4,782 | 4,803 | 4,390 |
| Selling General And Administration | 2,533 | 2,708 | 2,784 | 2,581 |
| Normalized EBITDA | 1,334 | 1,184 | 1,200 | 1,053 |
| Normalized Income | 932.58 | 776.48 | 293.45 | -543.68 |
| Basic EPS | 5.49 | 4.65 | -1.96 | -10 |
| Diluted EPS | 5.39 | 4.60 | -1.96 | -10 |
| Tax Effect Of Unusual Items | -12.42 | -7.52 | -122.55 | -169.68 |
| Tax Rate For Calcs | 0.10 | 0.04 | 0.19 | 0.21 |
| Total Unusual Items | -123 | -168 | -645 | -808 |
| Total Unusual Items Excluding Goodwill | -123 | -168 | -645 | -808 |
| Net Income From Continuing Operation Net Minority Interest | 822 | 616 | -229 | -1,182 |
| Reconciled Depreciation | 193 | 179 | 188 | 193 |
| Reconciled Cost Of Revenue | 1,910 | 1,895 | 1,831 | 1,616 |
| Net Interest Income | 18 | -24 | -6 | 37 |
| Net Income From Continuing And Discontinued Operation | 822 | 616 | -229 | -1,182 |
| Total Operating Income As Reported | 903 | 679 | -241 | -752 |
| Diluted Average Shares | 152.50 | 134 | 117.01 | 118.26 |
| Basic Average Shares | 149.72 | 132.53 | 117.01 | 118.26 |
| Diluted NI Availto Com Stockholders | 822 | 616 | -229 | -1,182 |
| Minority Interests | -1 | -3 | 0 | -3 |
| Net Income Including Noncontrolling Interests | 823 | 619 | -229 | -1,179 |
| Net Income Continuous Operations | 823 | 619 | -229 | -1,179 |
| Other Income Expense | -121 | -165 | -644 | -816 |
| Other Non Operating Income Expenses | 2 | 3 | 1 | -8 |
| Special Income Charges | -115 | -158 | -608 | -804 |
| Impairment Of Capital Assets | 73 | 142 | 575 | 797 |
| Restructuring And Mergern Acquisition | 42 | 16 | 33 | 7 |
| Gain On Sale Of Security | -8 | -10 | -37 | -4 |
| Net Non Operating Interest Income Expense | 18 | -24 | -6 | 37 |
| Total Other Finance Cost | -18 | 24 | 6 | -37 |
| Depreciation Amortization Depletion Income Statement | 193 | 179 | 188 | 193 |
| Depreciation And Amortization In Income Statement | 193 | 179 | 188 | 193 |
| Operating Revenue | 5,654 | 5,619 | 5,170 | 4,442 |
Consumer Cyclical sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Capri Holdings Limitedthis co. | CPRI | $2.3B | - | 21.91 | -317.7% | 18.31 |
| FIGS, Inc. | FIGS | $2.5B | 79.11 | 5.70 | 7.8% | 47.90 |
| Brightstar Lottery PLC | BRSL | $2.4B | - | 2.76 | 9.2% | 6.75 |
| Peloton Interactive, Inc. | PTON | $2.4B | - | -7.24 | 28.7% | 18.11 |
| Ardagh Metal Packaging S.A. | AMBP | $2.3B |
| - |
| -3.30 |
| -1.6% |
| 8.88 |
| Driven Brands Holdings Inc. | DRVN | $2.1B | - | 2.64 | -48.2% | 12.08 |
| The Goodyear Tire & Rubber Company | GT | $2.0B | - | 0.62 | -50.6% | 6.94 |
| National Vision Holdings, Inc. | EYE | $1.9B | 63.90 | 2.18 | 3.4% | 16.05 |
| Revolve Group, Inc. | RVLV | $1.8B | 29.99 | 3.07 | 12.0% | 19.01 |
| Peer Median | - | 63.90 | 2.41 | 5.6% | 14.06 | |